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Xstrata to pay US$100m for German zinc smelter

XSTRATA has agreed to pay US$100 million for Metaleurop's Nordenham zinc smelter in northern Germany to boost its capacity by more than a quarter.

Greg Tubby
Xstrata to pay US$100m for German zinc smelter

The deal will increase London-listed Xstrata's zinc capacity to more than 600,000 tonnes from the current 470,000t, accounting for 20.5% of European zinc metal production and 6.4% of global output. Xstrata...

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